3, TRESSA DOWR LANE, TRURO, TR1 1AR - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 TRESSA DOWR LANE is a very small extended detached house of 82m², built sometime between 1996 and 2002. It was last sold for £290,000 in October 2018, which was around 14% below the average October 2018 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

3 TRESSA DOWR LANE Sold Prices

Land registry data shows two sales for 3 TRESSA DOWR LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two 3 TRESSA DOWR LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 5 OCT	£290,000	£336,290	14% below HPI
2003 31 JAN	£159,950	£196,316	19% below HPI

3 TRESSA DOWR LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The two 3 TRESSA DOWR LANE sales from January 2003 and October 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 TRESSA DOWR LANE?

3 TRESSA DOWR LANE is 82m², which includes three extensions, according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Truro, based on EPC data. The below chart shows the distribution of detached houses by size in Truro, and where 3 TRESSA DOWR LANE lies on this distribution: 12% of detached houses are smaller than 3 TRESSA DOWR LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Truro.

3 TRESSA DOWR LANE: Plot and Title Map

3 TRESSA DOWR LANE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 3 TRESSA DOWR LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 TRESSA DOWR LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 TRESSA DOWR LANE?

3 TRESSA DOWR LANE is located in TRURO, in the TR1 postcode district. The below map shows the position of No. 3 on TRESSA DOWR LANE.